Wah Seong units win RM1bil job


In a filing with Bursa Malaysia, Wah Seong said the work and services to be performed are within the business scope of the coatings division of the group and are expected to be completed within 30 months from Feb 18, 2022.

KUALA LUMPUR: Wah Seong Corp Bhd’s indirect subsidiaries, ISOAF S.r.L and ISOAF TZ Ltd, incorporated in Italy and Tanzania, respectively, have been awarded a midstream contract by East African Crude Oil Pipeline (EACOP) Ltd valued at US$254.10mil (RM1.06bil).

The group said the project was for the provision of pipeline thermal insulation services for the EACOP project and feeder line, located between the town of Kabaale in Uganda and the port of Tanga in Tanzania.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Stocks shaken by geopolitical fears, Japanese bonds bounce after selloff
China completes first phase of 6G technology trials
ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
Gold crosses US$4,800 for the first time as US, EU spar over Greenland
Oil prices fall as risks from Kazakh production halt subside
ACE Market-bound Ambest aims to raise RM27.5mil from IPO
Steel Hawk unit secures contract for fire rated doors in Sabah
Binastra unit accepts RM742.86mil building contract in Johor
CPO prices to stay range-bound at RM4,000-RM4,300 per tonne in Feb - MPOC

Others Also Read